The Real Deal Miami

Biggest price cut of the day

January 26, 2011 04:06PM

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2501 Del Lago Drive

The South Florida home to see the biggest price cut today is a six-bedroom, seven-bathroom house at 2501 Del Lago Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $5.9 million Broward County home saw a $1 million, or 14 percent, price cut. It was originally listed for $6.9 million when it hit the market in June. The 5,707-square-foot home sits on a 15,750-square-foot waterfront lot and has an elevator, two bi-level swimming pools and a wine room. It also comes with beach club membership. Timothy Elmes of Coldwell Banker has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD